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Business, 16.09.2019 20:00 rebekah052482

On may 1, marcus corporation's retained earnings account had a credit balance of $282,000. during the month, marcus generated revenues of $40,000, incurred expenses of $24,000. at the end of the month, it also purchased equipment for $10,000 in exchange for a $10,000 note and it paid dividends of $4,000. what is the balance in retained earnings at the end of may?

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